MindTree Ltd has informed that the Board of Directors of the Company at its meeting held on September 26, 2008, inter alia, has approved the Scheme of Amalgamation of Aztecsoft Ltd with the Company.
The Board has approved the swap ratio as recommended by Pricewaterhouse Coopers Pvt Ltd and Adithya and Vishwas, Chartered Accountants and the Fair Opinion given by Karvy Investors Services Ltd, Category I Merchant Bankers.
The Swap Ratio approved by the Board is :
2 (two) equity share of MindTree Ld of Rs 10/- each, fully paid-up be allotted for every 11 (eleven) fully paid up equity shares of Rs 3/- each of Aztecsoft Ltd.
The Board has approved the swap ratio as recommended by Pricewaterhouse Coopers Pvt Ltd and Adithya and Vishwas, Chartered Accountants and the Fair Opinion given by Karvy Investors Services Ltd, Category I Merchant Bankers.
The Swap Ratio approved by the Board is :
2 (two) equity share of MindTree Ld of Rs 10/- each, fully paid-up be allotted for every 11 (eleven) fully paid up equity shares of Rs 3/- each of Aztecsoft Ltd.
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